sleepy Posted November 9, 2023 Report Share Posted November 9, 2023 26 minutes ago, WVU said: And the industry as a whole has higher demand than ever and it will only increase as ICE vehicles are phased out. This guy loves the Biden Kool-Aid Keep drinking it pal Quote Link to comment Share on other sites More sharing options...
sleepy Posted November 9, 2023 Report Share Posted November 9, 2023 Ford is going to lose 4.5B on these EV's this year https://fortune.com/2023/07/28/ford-earnings-report-q2-2023-ev-losses/ Quote Link to comment Share on other sites More sharing options...
mikeman Posted November 9, 2023 Report Share Posted November 9, 2023 12 minutes ago, sleepy said: Ford is going to lose 4.5B on these EV's this year https://fortune.com/2023/07/28/ford-earnings-report-q2-2023-ev-losses/ That loss will be even greater when they miss their sales estimates. It's just like covid vaccine revenue estimates - they "planned" on selling 70-80 million doses, when it turns out they only sell 20 million all those revenue and profit estimates evaporate. Quote Link to comment Share on other sites More sharing options...
WVU Posted November 9, 2023 Author Report Share Posted November 9, 2023 1 hour ago, mikeman said: Cmon, I drive a gas car and spend maybe $1500/yr on gas, you yourself say EV costs are maybe 1/3rd of gas, that means you save at most $50/month. You dont have to just make up numbers because you like EV's. There's no way you drive as much as me either. I work 42 miles away Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted November 10, 2023 Report Share Posted November 10, 2023 20 hours ago, WVU said: I charge free at work. It is a perk of my employment. It isn't government funded. Sure. Let’s pretend that private universities - especially research universities receive no federal funding on top of it. Quote Link to comment Share on other sites More sharing options...
PatrickBateman Posted November 10, 2023 Report Share Posted November 10, 2023 45 minutes ago, MonkeyF0cker said: Sure. Let’s pretend that private universities - especially research universities receive no federal funding on top of it. The University of Miami is a liberal cesspool and was once run by a Bill Clinton lackey. Quote Link to comment Share on other sites More sharing options...
mikeman Posted November 10, 2023 Report Share Posted November 10, 2023 They cant give them away. Automaker Bigwigs Finally Admit EV Sales Are in Jeopardy by Belle Carter, Natural News November 10, 2023 in Curated, News America First Patriots are getting aggregated, curated, and original content every day from Discern Report. (Natural News)—Earlier in October, several car manufacturer executives acknowledged that their ambitious electric vehicle (EV) plans are in jeopardy, at least in the near term, Business Insider reported. Dealers have been warning of slowing EV demand, growing inventory and dropping sales for months. Several of the auto bigwigs at some of the biggest carmakers expressed discomfort about the “robocars” market’s growth as concerns over the viability of these vehicles put their multi-billion-dollar electrification strategies at risk. Don’t just survive — THRIVE! Whole Cows has launched offering freeze-dried beef for long-term storage. Don’t wait for food shortages to get worse. Stock up today. Use promo code “jdr” at checkout for 15% off! Historically, one of the auto industry’s most bullish CEOs on the future of electric vehicles is General Motors’ (GM’s) Mary Barra. She is one of the executives who expressed concern about the recently made unstable industry. GM has been an early-mover in the electric car market, selling the Chevrolet Bolt for seven years and making bold claims about a fully electric future for the company long before its competitors got on board. During the third-quarter earnings call, Barra announced with its quarterly results that GM is abandoning its targets to build 100,000 EVs in the second half of this year and another 400,000 by the first six months of 2024. GM doesn’t know when it will hit those targets. “As we get further into the transformation to EV, it’s a bit bumpy,” Barra said. Meanwhile, the Detroit car company is not alone in this new view of what lies ahead for the electric cars’ future. Even Big Tech mogul Elon Musk of Tesla warned during a recent earnings call that economic concerns would lead to waning vehicle demand, even for the long-time EV market leader. Also, Mercedes-Benz is having to discount its EVs by several thousand dollars just to get them in customers’ hands. MB also went brutally frank about what was happening. “This is a pretty brutal space,” CFO Harald Wilhelm said on an analyst call. “I can hardly imagine the current status quo is fully sustainable for everybody.” Moreover, reports confirmed that almost all current EV product is going for under sticker price these days, and on top of that, some EVs are seeing manufacturer’s incentives of nearly 10 percent. “That’s as inventory builds up at dealerships, much to the chagrin of dealers. While car buyers are in luck if they’re looking for a deal on a plug-in vehicle, executives are finding even significant markdowns and discounts aren’t enough. These cars are taking dealers longer to sell compared with their gas counterparts as the next wave of buyers focus on cost, infrastructure challenges and lifestyle barriers to adopting,” Insider reported. “After studying this for a year, we decided that this would be difficult as a business, so at the moment we are ending development of an affordable EV,” Honda CEO Toshihiro Mibe said in an interview with Bloomberg. For Toyota Motor Chairman Akio Toyoda, people are finally seeing reality. He has long been skeptical of his peers’ pure-electric blueprints. (Related: Member of Biden’s “green team” admits EVs are NOT sustainable.) Christian Gold Company Defies Industry’s Retirement Fearmongering Through Prayer and Biblical Hope Ford halts big factory projects, including a plant in Kentucky because EVs are too expensive Realizing that their efforts may go down the drain, Ford was the first to fold. It is postponing its $12 billion EV factory projects, including a planned battery factory in Kentucky. According to Ford, customers were unwilling to pay extra for its EVs because they were no longer affordable. The auto manufacturer continues to lose money according to reports. Around $1.3 billion this past quarter in adjusted earnings went into thin air. This year, Ford has lost $3.1 billion on EV spending and said it’s going to lose a total of $4 billion for the year. Meanwhile, the company reached a tentative agreement with the United Auto Workers last week, being the first of the Big Three United States automakers to get a deal. The strike cost it around $1.3 billion, and the company pulled its guidance for 2023, meaning it is not confident it can hit the targets it laid out earlier in the year. Back in July, Ford extended its self-imposed deadline to hit annual EV production of 600,000 by a year and abandoned a 2026 target to build two million EVs. Quote Link to comment Share on other sites More sharing options...
WVU Posted November 13, 2023 Author Report Share Posted November 13, 2023 that's what happens when you are late to the party and are trying to compete with Tesla. Ford products have sucked for about 50 years now, but they make a decent truck. Quote Link to comment Share on other sites More sharing options...
mikeman Posted November 13, 2023 Report Share Posted November 13, 2023 29 minutes ago, WVU said: that's what happens when you are late to the party and are trying to compete with Tesla. Ford products have sucked for about 50 years now, but they make a decent truck. Quote Link to comment Share on other sites More sharing options...
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